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This edition of the Oil and Gas (O&G) Technology Opportunity Engines features information on innovations in drilling solutions, well integrity enhancement, industrial water treatment, methane emissions monitoring, subsurface analysis, laser-based gas monitoring, ultra-heavy oil recovery, among others.The Oil and Gas TOE provides intelligence on inn...

Distributed energy resources and distributed energy storage systems (ESS) are changing the face of power generation and distribution in the Organisation for Economic Co-operation and Development (OECD) countries. To tap these new market opportunities, consumers need to be properly supported with financing options for ESS installations. The study s...

This edition of the Energy & Power Systems (EPS) TOE features information about the innovations in batteries made with dry-process manufacturing, hydrogen fuel-cells, flow battery technology, solar cells for space applications, onshore wind energy, renewable forecasting and solar nowcasting, among others.The Energy and Power Systems TOE provides in...

This edition of the Energy & Power Systems (EPS) TOE features information about the innovations in PEM Electrolysis technology, nutrient recovery, biomethane production, nuclear power reactions, Small Modular Reactors, nuclear fusion, flow batteries, process heat electrification, among others.The Energy and Power Systems TOE provide insights on the...

The meter data management (MDM) market is emerging as a critical component of modern utility operations, driven by the rapid deployment of smart meters, increasing grid digitalization, and the growing need for accurate, real-time energy data. MDM solutions enable utilities to collect, validate, store, analyze, and manage vast volumes of meter data ...

This edition of the Energy & Power Systems (EPS) TOE features information about the innovations in AEM electrolyzer technology, data center power delivery, alkaline electrolyzer, process heat electrification, LDES, tidal energy, superconducting energy storage, among others.The Energy and Power Systems TOE provide insights on the latest advances in ...

The global rental genset market is experiencing steady growth, valued at $6.61 billion in 2024 and expected to exceed $11 billion by 2034. This growth is driven by the increasing demand for temporary and backup power across sectors such as construction, mining, oil & gas, utilities, and events. Diesel Gensets still make up about 70 to 80% of rental...

This research service covers the current state and future potential of the Lithium-ion batteries market in the Asia-Pacific region. It provides an in-depth analysis of the lithium-ion batteries used in consumer, automotive, and industrial segments. The three segments have their own set of unique challenges and are expected to generate a strong dema...

12 Jan 2018  |  Global  |  Market Research

Global Industrial Battery Market, Forecast to 2023

Growth in Renewable Energy and Distributed Generation to Drive the Global Industrial Battery Market

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Key Issues Addressed

The global industrial battery market is a well-established one which is expected to grow at a CAGR of 7.1% between 2014 and 2023. The major factors driving industrial batteries are the surging demand from energy storage and stationary applications, reinforced by advancements in battery technology. Industrial batteries for grid storage represent a u...